"Some Assembly Required" has some choice tid-bits for the weekend -- enjoy.
(please follow link to original)
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We're Still in Kansas, Toto: Three things: The city of Topeka is so broke it cannot afford to prosecute domestic battery offenses. The county DA refuses to prosecute any misdemeanor committed in Topeka due to lack of funding. Bludgeoning your wife is a misdemeanor in Topeka. Nothing like getting the government out of personal affairs.
Q & A: If the US manages to generate 261,000 jobs a month every month for then next 5 years, will the US unemployment rate in October 2016 be higher or lower than it was in December 2007? 1) Higher. 2) Pigs can fly. 3) Last month actual job creation was 58,000.
Silent Auction: North Carolina held a silent auction and millionaire Art Pope was the winning bidder. He paid 75% of the external funding costs for the Republicans and owns them outright, and gave half a million dollars to NCSU's economics department and got first refusal rights on faculty hiring and speaker invitations.
Best Two Out Of Three: There's a rumor going around that corporations are not hiring. Not true. They are, just not humans. Since the recession 'ended'® businesses have not added many new workers nor given any wage increases. They have, however, increased spending on equipment and software by 26%. Robots may cost more to hire, but they work cheaper, longer. Plus unemployment provides former workers more time to rage against the machine.
Fun With Numbers: In September, 103,000 were added to US payrolls. But. But 45,000 of those were Verizon strikers going back to work, so really only 58,000 new jobs were created. Worse, there were 444,000 new part-time jobs added, which means that the US economy lost 341,000 full-time jobs. If the government counted those who have left the labor force in the last two years – given up completely – unemployment would be over 11%.
ne's opinion.
Saturday, October 8, 2011
SAR #11279
Apathy is the classic response for the powerless… and passive aggression.
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There's more.
Tuesday: Housing Starts
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[image: Mortgage Rates] From Matthew Graham at Mortgage News Daily: Mortgage
Rates Didn't Move Much Over The Weekend
The average top tier conventional 30yr...
4 hours ago
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